5621 Hammond Bay Rd, Nanaimo, BC V9T 5N2
- $1,200,000
- 5
- BD
- 3
- BA
- 2,600
- SqFt
Courtesy of REMAX Professionals (NA)
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS®
- 1020319
- Property Type
- Single Family Residential
- Year Built
- 1972
- Style
- Grd Lev Ent-Main Up
- Bedrooms
- 5
- Total baths
- 3
- Living Area
- 2,600
- Acres
- 1.70
- Lot Size
- 74,052
- District
- Nanaimo
- Neighbourhood
- Na North Nanaimo
Property Description
Strategic investment opportunity in one of Nanaimo's most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important.
/u.realgeeks.media/nanaimohomesforsale/header.png)
Additional Information
- Layout
- Ground Level Entry With Main Up
- Lot Features
- Central Location, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced
- Heating
- Hot Water, Oil
- Flooring
- Mixed
- Roof
- Shake
- Parking Spaces
- 5
- Exterior Features
- Balcony/Deck
- Interior Features
- Dining Room, Eating Area, Storage, Workshop
- Additional Accomodation
- Potential
- Parking Type
- Additional Parking, Carport Double, Driveway
- Kitchens
- 1
- Laundry Feature
- In House
- Fireplace Description
- Family Room, Living Room, Wood Burning
- Taxes
- $6,529
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Mortgage Calculator
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.